Let us understand Turn Around of Indian Railways .

Indian Railways will go in for market borrowing of Rs 15,103 crore in 2013-14 to part finance its highest-ever planned investment of Rs 63,363 crore proposed for the next fiscal.

This borrowing will be done through the Indian Railway Finance Corporation (IRFC), which is the market borrowing arm of the Railways.

Besides the market borrowing, the plan is proposed to be financed through gross budgetary support of Rs 26,000 crore, the Railways’ share in the road safety fund of Rs 2,000 crore and internal resources of Rs 14,260 crore, Rail Minister Pawan Kumar Bansal said on Monday. The Railways is also expected to mobilise Rs 6,000 crore through the public-private partnership route, Bansal said in his speech.